Breaks Categories: News

FridayJun 07, 2019 11:02 am

CannabisNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Closes $10M Brokered Private Placement

TransCanna Holdings (CSE: TCAN) (FSE: TH8) today announced the close of its brokered private placement of 2,000,350 units which were sold at a price of CAD$5.00 each, resulting in total gross proceeds of CAD$10,001,750. Each unit sold comprised of one common share and one half of one common share purchase warrant. Warrant holders are entitled to acquire an additional share at a price of $6.00 for each full warrant until June 7, 2022. TransCanna paid a commission of 7% of the total gross proceeds through a payment of $700,122.50 in cash as well as a corporate finance fee of $150,000,…

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FridayJun 07, 2019 10:10 am

CannabisNewsBreaks – MjMicro Releases Presenter Schedule for June 25 NYC Investor Conference

MjMicro Conference, the next-level investor forum for publicly traded cannabis companies, this morning published the final presenter schedule for its upcoming investor conference at New York City’s Westin Grand Central on June 25, 2019. The one-day invitational networking forum connects private capital investors and attendees with cannabis-related public entities and industry experts. The morning of the event will showcase spotlight presentations before the general audience by Emerald Health Therapeutics, FSD Pharma, and Helix TCS. Following a hosted lunch, feature presentations will be provided by 1933 Industries, 48North Cannabis, CannAmerica Brands, Cannex Capital Holdings/4Front, Cardiol Therapeutics, Dixie Brands, EXMceuticals, Flurotech, High…

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ThursdayJun 06, 2019 10:22 am

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Begins Trading on OTCQX Best Market; Acquires Option to Purchase California Based Cannabis Oil Manufacturer

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a leading cannabis branded products company in the U.S., this morning announced that it has qualified to trade on the OTCQX Best Market and will begin trading today, June 6, 2019, under the symbol “PLPRF.” The company’s shares will continue to trade under the symbol “PLUS” on the Canadian Securities Exchange. “Plus Products joins more than 175 companies that cross-trade their shares in Canada and in the U.S. on the OTCQX Market,” said Jason Paltrowitz, EVP of Corporate Services at OTC Markets Group. “Upgrading to OTCQX from the OTCQB Venture Market enables companies to…

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ThursdayJun 06, 2019 9:37 am

CannabisNewsBreaks – VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) Reports 2019 AGM Results

VIVO Cannabis (TSX.V: VIVO) (OTCQX: VVCIF) on Wednesday announced the results of its annual general and special meeting of shareholders held on June 4, 2019. According to the update, VIVO Cannabis shareholders approved a number of resolutions at the meeting, including: the re-appointment of MNP LLP as the company’s auditor for the 2019 fiscal year; fixing the number of company directors at six; the election of directors; and ratification of the company's 2017 Stock Option Plan. A total of 122,552,741 of the 294,800,314 company common shares outstanding as at the record date were voted at the meeting, representing 41.6 percent…

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WednesdayJun 05, 2019 12:24 pm

CannabisNewsBreaks – HempFusion Progressing with $30M Funding Initiative

On Tuesday, HempFusion, a leading U.S. hemp-based CBD company with distribution to over 3,400 retailers and an expanding product catalog, announced its engagement of RADD Capital, a partner of NetworkNewsWire, for advisory services related to its 2019 private funding initiative of more than $30 million. HempFusion co-founder and President Jason Mitchell noted in the release that the capital raised through the initiative is expected to be “a key building block to (HempFusion’s) planned growth and help accelerate (its) expansion throughout the United States and global markets including Europe, Asia, Australia, Canada, the Middle East and South America.” HempFusion is currently…

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WednesdayJun 05, 2019 12:02 pm

CannabisNewsBreaks – MjMicro Conference to Kick Off With Key Sessions to Stir Industry Buzz

MjMicro Conference (www.MjMicro.com) will kick off at the Westin Grand Central in New York City on June 25, 2019, with key sessions to stir cannabis industry excitement. The initial lineup for the event will feature keynote presentations by Canopy Growth Corp., Sadis Goldberg, Acreage Holdings Inc. and Virdian Capital Advisors. “MjMicro will kick off with very intentional and specific sessions prior to the core corporate presentations from 21 exciting publicly traded opportunities,” George Jage, president and COO of MjLink.com and producer of MjMicro, stated in a news release. “When designing a well-run conference, it is key to include content that…

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WednesdayJun 05, 2019 10:04 am

CannabisNewsBreaks – Golden Developing Solutions Inc. (DVLP) Announces Official Move-In Date for Denver Production Facility

Emerging leader in the cannabis, hemp and cannabidiol (CBD) marketplace Golden Developing Solutions Inc. (OTC: DVLP) this morning announced June 10, 2019, as the official date that the company will move into its new 25,000-square-foot production facility in Denver, Colorado. According to the update, a new financing agreement is funding equipment to outfit the facility, and the company anticipates a five-fold increase in total production levels in the first three months following delivery and installation. “We are excited to get into the new facility, get organized, and ramp up operations,” DVLP CEO Stavros Triant stated in the news release. “This…

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TuesdayJun 04, 2019 11:55 am

CannabisNewsBreaks – Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) Chief Science Officer Featured in Investorideas.com Interview

Sproutly Canada (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) this morning announced that its Chief Science Officer Dr. Arup Sen was featured in an interview in a special edition of Investorideas.com potcasts. Investorideas.com is a global news source covering leading sectors including cannabis. In the interview, Dr. Sen discusses Sproutly's recent developments and the company’s approach in the Canadian cannabis beverages market expected to open up this fall. “We will be pretty much standing alone in the field of making beverages that will include natural chemicals in their natural state from cannabis and hemp plants,” Sproutly CSO Dr. Arup Sen said…

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TuesdayJun 04, 2019 11:01 am

CannabisNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) Expands MSO Presence Through Agreement to Acquire Spring Oaks

Lifestyle-oriented cannabis company Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) today announced that it has entered an arm's length definitive agreement to acquire all of the issued and outstanding shares of capital stock of Spring Oaks Greenhouses, Inc. Per the update, Spring Oaks holds a medical marijuana dispensary license, received in April 2019, and authorization to operate as a Medical Marijuana Treatment Center in the state of Florida. Under the license, Spring Oaks is authorized to initiate production, processing and dispensing of medical marijuana and marijuana products. In addition, the medical marijuana dispensary license grants the right, but not the…

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TuesdayJun 04, 2019 10:49 am

CannabisNewsBreaks – Nabis Holdings Inc. (CSE: NAB) (OTC: INNPF) (FRA: 71P) to Present Live at VirtualInvestorConferences.com on June 4

Innovative Properties Inc. d/b/a Nabis Holdings (CSE:NAB) (OTC: INNPF) (FRA: 71P), a leading Canadian investment company with specialty investments in assets across multiple divisions of the cannabis sector, this morning announced that its CEO and Director Shay Shnet and President Mark Krytiuk will present live at the VirtualInvestorConferences.com at 3:00 PM ET on Tuesday, June 4, 2019. The live, interactive event will allow investors to ask the company questions in real-time. It is recommended that investors pre-register at http://cnw.fm/vt1zH  and run the online system check to expedite participation and receive event updates. An archived webcast will be available after the…

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